Boner’s ONE Foundation Gives Whopping 1% of Proceeds to Actual Charities
Bono’s anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy.
The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).
Apparently, the actual purpose of the ONE Foundation was to get the British Government to spend more of other people’s money on international charity.
In 2009, the group campaigned to have enshrined in British law a commitment to development assistance abroad.
Ben Stiller had Bono’s number way back in the 90’s.